J.P. Morgan analyst Mark Strouse reiterated a Sell rating on Fuelcell Energy (NASDAQ:FCEL) on Tuesday, setting a price target of $8, which is approximately 30.29% above the present share price of $6.14.
Strouse expects Fuelcell Energy to post earnings per share (EPS) of -$0.06 for the third quarter of 2021.
The current consensus among 4 TipRanks analysts is for a Moderate Sell rating of shares in Fuelcell Energy, with an average price target of $7.33.
The analysts price targets range from a high of $8 to a low of $6.
In its latest earnings report, released on 04/30/2021, the company reported a quarterly revenue of $13.95 million and a net profit of -$17.39 million. The company's market cap is $1.98 billion.
According to TipRanks.com, J.P. Morgan analyst Mark Strouse is currently ranked with 5 stars on a 0-5 stars ranking scale, with an average return of 41.1% and a 67.00% success rate.
FuelCell Energy , Inc. engages in the provision of fuel cell power plant production and research. Its products include suresource 1500, suresource 3000, and suresource 4000. The company was founded in 1969 and is headquartered in Danbury, CT.